*UPDATE* In light of COVID-19 Visa has delayed the enhanced statement descriptor requirement until April 17, 2021. Stripe posted information on our Support site about these rules earlier this year. Below is a guide to help you navigate the changes you need to make to be compliant with the rules changes. As always, if you have additional questions, contact Stripe Support.
Do these changes apply to me?
- I offer a subscription that does not have a free or promotional trial. Do these changes apply to me?
- No, these rule changes do not apply to you.
- I always offer coupons to new customers, does that count as promotional?
- No, if you offer every new customer a discount regardless of the subscription type, these changes do not apply to you. Only businesses that offer free or promotional trial subscriptions (such as seasonal offerings) need to comply.